Regulation and Compliance
Coming Up:
CSBS Urges MLOs To Update License Registrations
NMLS updates that have taken effect prior to the Nov. 1 opening of the annual license renewal period include new a login process requiring users to update their username and password and establish account recovery details.
CFPB Finalizes New Rule Expanding Consumer Financial Data Privacy Rights
Financial institutions must deliver a consumer's financial data to another provider for free, upon the consumer's request
TD Bank Pleads Guilty To Enabling Money Laundering For Criminal Organizations
'TD Bank chose profits over compliance in order to keep its costs down,' said U.S. Attorney General Merrick Garland.
LoanSnap Officially Loses Connecticut License
The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.
Wishing Regulations Away
What mortgage leaders want to see revised in the wake of Supreme Court undoing of government favoritism
NMP
False Moves, Real Consequences
Don’t let missteps mortgage your future
NMP
Navigating New Norms
Unpacking changing issues in loan servicing
NMP
Congress Fits Trigger Lead Ban Into The 2025 Budget
Senate Amendment 2358, banning 'abusive' trigger leads, was added to the Senate's Fiscal Year 2025 NDAA
Banks' Mortgage Lending Portfolios Laced With Climate Risk
New First Street Foundation analysis finds 57 banks with a total of $627 billion in real estate loans exposed to “material financial risk” from climate impacts.
NEXA's Drawn-Out Legal Battle With Smart Mortgage Centers Gets Dismissed
Lawsuit over alleged "stolen" client information gets dismissed due to a lack of evidence